I think a correction we had to have. I have followed this stock for a long time and the buying in got carried away. I broke my rule with this one and caught the falling knife a couple of times in the past knowing it was truly oversold. I noticed the selling side became stronger yesterday and realized the price was going to drop a lot.
I sold off 50% of my holding yesterday in the $4.20s with a nice profit. But, having said that kept some still in a loss knowing this stock will gain in the medium term. Patience with this one new management will I think correct the bad business decisions of the past.
I'm sure a lot of you in the same boat as me. Good luck all on this one.
TRS Price at posting:
$3.67 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)